Essays on topics economics: monopolists, oligopolists, and oligarchs aren't better decision-makers for the society just because they's rich and they ain't the gummint.

Anarchy Favors the Rich

He's a fucking moron.-- Rex Tillerson/2017 (guess who he is?)

Today, states containing just 17 percent of the American population, a historic low, can theoretically elect a Senate majority-- Emily Badger/2016

You have enemies? Good. That means you've stood up for something, sometime in your life. -- Victor Hugo/1845

As mass production has to be accompanied by mass consumption; mass consumption, in turn, implies a distribution of wealth -- not of existing wealth, but of wealth as it is currently produced -- to provide men with buying power equal to the amount of goods and services offered by the nation's economic machinery.-- Marriner Eccles

The good thing about science is that it's true whether or not you believe in it.-- Neil deGrasse Tyson/2015 (possibly earlier)

For the median household in the U.S., a top corporate marginal rate cut from 35 to 20 percent would boost wage growth almost four-fold -- from the current 0.6 percent per year to as much as 2 percent, providing up to $7000 of additional income.-- Kevin Hassett/2017Hassett's argument is that if we stop artificial 'profit shifting' (corporations reporting that their profits were earned in low-tax countries, when they were really earned in the U.S.), then somehow they'll magically decide to raise wages for U.S. workers. It makes no sense.-- Seth Hanlon/2017

25 February 2014

Catch Me, If You Can

Yesterday, I tossed in a metaphor to the growing realization that there just might be limits to making "new" tech. Specifically, that:

May be vendors should include a phone life's supply of Prozac?

You know, with the stasis of tech, we enter a Dark Age, where little ever changes, the archetype of economic and social depression? A sarcastic metaphor?

So, what should show up in my inbox today, you may ask? This (I use Thunderbird, and only directly download headers. Cuts down on nonsense, so I'd advise you don't actually follow any links. I munged it just in case.)